German consumer electronics group Ceconomy is working on its performance in Russia. Amazon is raising the bar on its delivery efforts in the US and Australia. Nestlé and XPO Logistics have joined forces to build the 'warehouse of the future'. Read also about the latest sustainability initiatives of retailers to save the planet and feel free to share.




Wednesday, 20 June 2018





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German consumer electronics group Ceconomy is working on its performance in Russia. Amazon is raising the bar on its delivery efforts in the US and Australia. Nestlé and XPO Logistics have joined forces to build the 'warehouse of the future'. Read also about the latest sustainability initiatives of retailers to save the planet and feel free to share.




Europe


Rearrangements in Russia ▪ Ceconomy, the owner of electronics chain Media Saturn, is considering carrying out a share capital increase of up to 10% to finance the transaction of its loss-making Russian business to Russia's Safmar Group and take a 15% stake in M.video. The German retailer expects to strike the deal shortly.



Thinking ahead ▪ Nestlé has teamed up with XPO Logistics to build one of the most advanced distribution centres with cutting-edge technology in the UK. British grocer Morrisons has renewed its partnership with courier company DHL to manage its wholesale logistics operations for the next six years.



Merger concerns ▪ The proposed tie-up between British supermarkets Sainsbury's and Asda could endanger competition, result in higher prices and reduce choice for consumers, according to published responses to the UK regulator's initial inquiry. A formal review is set to start soon.




Asia & Australia


Sub-prime delivery ▪ Six months after launching on the 'red' continent, Amazon has introduced its Prime Services, offering unlimited two-day metro delivery. Competitors are underwhelmed with the service, which is inferior to what shoppers get in the US. So far, the online rival has only one fulfilment centre in Melbourne.



Ambitious goals ▪ Following a successful public listing, Japanese flea market app Mercari wants to build a connected commerce platform across the US, Europe and emerging markets. Indian tobacco firm Godfrey Philips plans to open 10,000 convenience stores nationwide within five years and expand into new markets.


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Indian initiatives ▪ Consumer giant Kraft Heinz is considering a sale of its children's milk brand Complan in India, which could fetch about USD 1 billion. German wholesaler Metro has teamed up with a number of consumer product firms to exclusively sell some of their brands or stock keeping units in select Indian states.




US & Canada


Amazon announces ▪ The online major from Seattle rolls out Hub delivery lockers, which are designed to be placed in buildings, across the States. The company is also set to expand voice-powered devices beyond the home and has teamed with Marriott International to launch Alexa for Hospitality.



Raising the bar ▪ CVS Pharmacy is the first national drug store retaile r to offer prescription delivery from its locations nationwide. Meanwhile, e-commerce retailer Boxed, which sells household items in bulk online, is implementing an autonomously guided vehicle at its fulfilment centre in Dallas.



Beauty incubator ▪ Korean start-up Memebox is relaunching its American e-commerce platform and will sell its in-house brands, including a make-up line. The San Francisco-based company also announced a partnership with beauty giant Sephora to introduce a new cosmetic line this fall.




Sustainability matters


Going green ▪ Australian supermarket giant Woolworths has bid farewell to single-use plastic bags. From today, shoppers must bring along reusable ones or buy them at the retailer's outlets. CEO Brad Banducci calls it a 'landmark day' for a greener future.



British efforts ▪ Online retailer Asos doesn't want animals to suffer for fashion and will stop stocking goods made from silk, mohair and cashmere. Not so successful in the fight for a better future is Waitrose. The grocer has been rated the worst supermarket for reducing food waste.